The Future of AI in Business: Opportunities and Challenges

AI is not just a buzzword anymore. It’s a game-changer for businesses, and here’s why.

Tanmay Teckchandani
2 min readMay 23, 2023
Source: image from canva pro by author

AI is like a superhero for businesses.

Saving the day by automating boring tasks like data entry, customer service, and inventory management.

And the best part?

It’s super efficient and saves businesses a ton of money.

According to Accenture, AI can increase productivity by up to 40%. That’s a lot of time and money saved!

But wait, there’s more!

AI can also help businesses personalize their marketing efforts and improve customer experiences. By analyzing customer behaviour and preferences, businesses can offer personalized recommendations and offers. And you know what they say, “Treat your customers like people, not numbers.”

According to Salesforce, 84% of customers say being treated like a person is very important to winning their business. AI can help businesses achieve this and keep their customers happy.

However, Artificial Intelligence isn’t perfect.

--

--